By Khac Phu Nguyen
Publication Date: 2026-10-27 18:24:00
This article first appeared on GuruFocus.
Microsoft (NASDAQ:MSFT) edged about 0.16% higher to $533.43 at 11am EST on Tuesday, October 27. The bigger test arrives Wednesday: investors are about to get a clearer look inside Azure. According to Reuters, the upcoming results will bring a revised reporting structure and quarterly Azure revenue in dollars. That could make it easier to judge how much business Microsoft’s cloud engine actually delivers.
The cash machine is powerful. So is the spending bill. Microsoft’s preceding quarterly results showed $90.0 billion in revenue, $40.6 billion in operating income and $55.441 billion in operating cash flow. Cash purchases of property and equipment consumed $35.802 billion, leaving $19.639 billion after those expenditures. That calculation does not capture every infrastructure commitment, but it puts the investment burden in perspective: roughly two-thirds of operating cash flow went…
